## Simulation in Operation Research

Simulation is a representation of real-life situations. It is a method in which a replica of a real-world process or system is developed over a…

## Project Evaluation and Review Technique (PERT)

Introduction to Project Evaluation and Review Technique (PERT) The program Evaluation and Review Technique (PERT) model considers uncertainty in activity completion time. There are various…

## Project Network Analysis Methods

We already know that network analysis helps the project manager in estimating the time of completion of the project and represents the logical interrelation among…

## Project Network Analysis With Critical Path Method

For large businesses or manufacturing organisations, projects are divided into various stages or milestones. For example, a construction company is given a project of construction…

## Transportation Problem: Finding an Optimal Solution

The transportation problem is an important Linear Programming Problem (LPP). This problem depicts the transportation of goods from a group of sources to a group…

## Duality in Linear Programming

Soon after Dantzig presented the linear programming problem, John von Neumann presented the duality theorem for linear optimisation. In mathematical optimisation theory, principle of duality…

## Linear Programming: Artificial Variable Technique

When George Dantzig originally put forward the simplex method, it was limited only to LP problems having a known feasible solution, commonly called the initial…

## Linear Programming: Simplex Method

What is Simplex Method Linear Programming? The simplex method is an algorithm used to calculate the optimal solution to an LP problem. It is a…

## Linear Programming: Graphic Solution

In the previous article, you studied that linear programming is a method of achieving the optimum outcome for a maximum or a mini- mum equation…